LTC/USDT – 1H – BUYThe combination Litecoin/Tether (LTC/USDT) moves from the bullish trendline down.
A bearish movement downwards to the next support line at 97.360000000 is likely expected.
Caution: A possible counter-trend in the direction of the resistance zone at 103.050000000 could occur.
Consider stop-loss settings accordingly.
Additionally a ‘Below The Stomach’ candle chart pattern is discovered. The candles show ‘Below The Stomach’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Below The Stomach’ going down is 60% (Bull Market) & 65% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 110.350000000 |
| 2nd High | 106.510000000 |
| Next High | 103.050000000 |
| Current Price | 98.730000000 |
| Next Low | 97.360000000 |
| 2nd Low | 96.830000000 |
| 3rd Low | 96.620000000 |
Download LTC/USDT Signal Image
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Below The Stomach